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4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?
5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets?
6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.?
5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets?
6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.?
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4. Why are goods sold in permanent shops costlier than those sold in t...
Cost of Goods in Permanent Shops vs. Weekly Markets
Goods sold in permanent shops tend to be costlier than those in weekly markets or by roadside hawkers due to several factors:
Bargaining Behavior in Malls vs. Weekly Markets
People generally do not bargain in shops located in malls, while they often negotiate prices in weekly markets. The reasons include:
Supply Chain of Neighborhood Shops
Neighborhood shops acquire their goods through various channels, ensuring a steady supply of products:
Understanding these dynamics helps clarify why shopping experiences differ based on location and format.
Goods sold in permanent shops tend to be costlier than those in weekly markets or by roadside hawkers due to several factors:
- Overhead Costs: Permanent shops have higher expenses, including rent, utilities, and salaries, which are passed on to consumers.
- Quality and Variety: Shops often offer a wider range of quality products, which can be more expensive. Weekly markets may focus on local, less expensive items.
- Brand Value: Established shops may sell branded goods that carry a premium price compared to unbranded items found in markets.
Bargaining Behavior in Malls vs. Weekly Markets
People generally do not bargain in shops located in malls, while they often negotiate prices in weekly markets. The reasons include:
- Fixed Pricing: Mall shops usually have fixed prices set by the brand, giving customers little room for negotiation.
- Shopping Environment: Malls offer a more formal shopping experience where bargaining is not culturally accepted.
- Market Culture: Weekly markets thrive on haggling, where prices are often negotiable, fostering a more casual atmosphere.
Supply Chain of Neighborhood Shops
Neighborhood shops acquire their goods through various channels, ensuring a steady supply of products:
- Wholesale Distributors: Many local shops buy bulk items from wholesalers, who provide products at lower rates compared to retail prices.
- Direct Manufacturers: Some shops have direct ties with manufacturers, allowing them to stock unique or local products.
- Local Markets: Neighborhood shops often source fresh produce and local goods from nearby markets, supporting local farmers and businesses.
Understanding these dynamics helps clarify why shopping experiences differ based on location and format.
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4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.?
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4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about 4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.?.
4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about 4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.?.
Solutions for 4. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?5. Why do people not bargain in shops located in malls whereas they bargain in weekly markets? 6. How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.? in English & in Hindi are available as part of our courses for Class 7.
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